Offshore Selling Of Local Stocks & Bonds Stabilizes
Aggregate weekly investment flows were more modest in the final week of September. Foreign investors turned modest net buyers of local stocks, +¥71bn yen. This only modestly trimmed the monthly outflow though, which was -¥5384.7bn. Offshore purchases of local bonds also turned positive but were a very modest ¥25.8bn, a slight offset on the prior week outflow.
- In terms of Japan domestic outflows, purchases of offshore stocks picked up to ¥721bn. This was the strongest weekly outflow since late August/early September.
- Outbound flows to offshore bond markets were also positive, but at a more modest ¥297.1bn.
Table 1: Japan Weekly Investment Flows
|Billion Yen||Week ending September 29||Prior Week|
|Foreign Buying Japan Stocks||71.0||-3025.5|
|Foreign Buying Japan Bonds||25.8||-2020.6|
|Japan Buying Foreign Bonds||297.1||-541.6|
|Japan Buying Foreign Stocks||721.0||-23.1|
Source: MNI - Market News/Bloomberg